No. of Recommendations: 2
If the oil continues to flow, we may be on the cusp of a strong and growing economy for a long time.

....

Those that keep enough wealth to invest in it, and boldly step out in the darkest hour, will be the ones that get to shape it and enjoy it.

Cheers
Qazulight


Hang on to your hat, if y'all can get the infrastructure built out in the right directions (clearly not a given anymore) and get people working and shopping again the sky is the limit.

I'm sure y'all are aware that a strong US economy is great for the Canuck economy and frankly we have been rather disappointed with the funk over the past five years or so. Money spent to buy US oil mostly stays in the US and the ME can ship theirs to China or Japan. The jobs will also pay taxes and buy stuff in the US and the really great news it that it is really difficult to outsource Bakken jobs to China.

Methinks Cyrus and some odd place called sequester be dammed "You Go Boy"!!!


Any <along for the ride> mouse


http://finance.yahoo.com/news/bakken-oil-field-may-much-2117...

Bakken Oil Field May Be Much Bigger

By Javier E. David | CNBC – 17 hours ago.. .

In the resurgence of US energy production, one spillover effect has been to put relatively obscure places on the map. One of those is Bakken, an oil hub that some believe could challenge the Gulf Coast's prodigious crude output.

Bakken, a region stretching through swaths of North Dakota and Montana, has transformed itself into a major site of US crude production.The formation is now seen as the future of oil drilling in the U.S., and is an epicenter of pipeline expansion projects designed to capitalize on production. Estimates say the region's oil output has more than doubled over the last two years.

According to official data cited by North Dakota's Department of Mineral Resources and the Energy Information Agency, Bakken crude production surged from 274,000 barrels per day in January 2011 to 673,000 in January 2013.

Yet private estimates put that figure even higher, stating Bakken generates more than 800,000 barrels per day - with the potential to top one million barrels within the next few years. Analysts expect some 33,000 wells will be drilled there over the next 20 years, with more than 5,000 coming by 2015.
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